Assessor Resource

FNSICORG302B
Prepare reports for management

Assessment tool

Version 1.0
Issue Date: April 2024


This unit requires the application of skills and knowledge required to produce reports to meet objectives of management requirements.

The unit encompasses developing reports to specifications, clarifying report objectives, assessing report data, analysing data, preparing the report and distributing the report to the relevant parties.

This unit has application across the entire financial services sector and can be utilised by any individual that is required to produce reports for management.

This unit requires the application of skills and knowledge required to produce reports to meet objectives of management requirements.

The unit encompasses developing reports to specifications, clarifying report objectives, assessing report data, analysing data, preparing the report and distributing the report to the relevant parties.

This unit has application across the entire financial services sector and can be utilised by any individual that is required to produce reports for management.

This unit describes the functions involved in preparing a range of reports for management.

This unit describes the functions involved in preparing a range of reports for management.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

Prerequisites

Not applicable.

Employability Skills

The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary for the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements.

The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary for the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements.



Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

EVIDENCE GUIDE

Assessment of performance requirements in the unit should be undertaken in an industry context. The Evidence Guide identifies the critical aspects, knowledge and skills to be demonstrated to confirm competency for the unit. Competency is demonstrated by performance of all stated criteria including the Range Statement applicable to the workplace.

Overview of assessment requirements

To achieve competency in this unit, a person must be able to demonstrate:

knowledge of organisational reporting format standards

ability to develop reports to specifications

ability to access report data

ability to analyse data

ability to prepare reports

ability to distribute reports to relevant parties

Critical aspects of evidence

Evidence required for demonstration of consistent performance:

Competence in this unit must be assessed over a period of time in order to ensure consistency of performance over the Range Statement and contexts applicable to the work environment.

Delivery/assessment relationship to other units:

This unit may be assessed on its own or it may be assessed with other units that cover related skills and knowledge.

Evidence is most relevant when provided through an integrated activity, which combines the elements of competency for the unit, or a cluster of units of competency.

Assessment requirements

Method of assessment:

For valid and reliable assessment of this unit, evidence should be gathered through a range of methods to indicate consistent performance.

Assessment of this unit of competence will usually include observation of processes and procedures, oral and/or written questioning on underpinning knowledge and skills and other methods as required.

Context of assessment:

Assessment of performance requirements in this unit should be undertaken within the financial services industry context and should cover aspects of personal/financial responsibility and accountability.

Aspects of competency, including the attainment of relevant knowledge and skills, may be assessed in a relevant workplace, a closely simulated work environment, or other appropriate means that clearly meet industry competency requirements.

Resources required for assessment:

Unless otherwise specified, there are no significant resource implications for assessment of this unit, apart from access to a relevant workplace or closely simulated office environment and the use of a range of office equipment, technology and consumables. These may include standard commercial computer hardware, software, telephones, facsimiles, and other relevant office equipment.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

REQUIRED KNOWLEDGE&SKILLS

Knowledge requirements include:

company policy and procedures

knowledge or awareness of relevant acts and regulations

legal systems and procedures

industry codes of practice

computer systems

Skills requirements include:

computerised spreadsheet and database

data analysis and interpretation

analytical skills

interpersonal and communication

report writing

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that will affect performance.

The following variables may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts. If bold italicised text is shown in Performance Criteria, details of the text are provided in the Range Statement.

Modelling tools may include:

interaction of financial data as it flows from the source to the required output

a process for testing assumptions against a variety of scenarios

Response may involve:

taking action in respect of management requests/ recommendations

Company requirements and timelines may include:

policy documentation

verbal instructions

written instructions

internal control guidelines

computer system documentation

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Clarify report objectives 
Plan the content and format of report 
Produce outline of report against specifications 
Available data is examined for suitability for inclusion in report 
Systems are examined to establish data limitations 
Suitable data modelling tools to extract information are identified 
Report data is analysed to ensure it meets company objectives and requirements 
Data is produced in report format 
Reports are prepared in response to management objectives and in the required format 
Report material is evaluated according to management objectives and revised as necessary 
Report is forwarded to management for assessment and is revised as required 
Completed reports are distributed according to company requirements and timelines 

Forms

Assessment Cover Sheet

FNSICORG302B - Prepare reports for management
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

FNSICORG302B - Prepare reports for management

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: